Herald and news. (Klamath Falls, Or.) 1942-current, August 14, 1952, Image 4

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Herald and news., August 14, 1952, Page 4, Image 4

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Newspaper Page TextTIIUHSIMY, A1K1. 14. 1032 PAGE FOUR UKH.M.n AND NKWS, KLAMATH PALIS, OREGON MARKETS and FINANCE Stocks NEW YORK tP It (u drowsy session in the slock market Thurs- day with prices barely moving. -mere wu a siujiu upsiae en Dhasis. Changes were almost entirely fractional with only an occasional issue going as much as a P Issue going as much as point higher or lower. Business amounted to an esli mated million shares. New York Storks By The Associated rress Admiral Corporation 2S 1 Allied Chemical 77 ' j Allls Chalmers 63 American Airlines 14 4 American Airlines 14 l4 American Power & Light 28 ', American Tel. ti Tel. 154 American Tobacco 56 3t Anaconda Copier 46 Atchison Railroad 91 Bethlehem Sieel 51 Boeing Airplane Co. 35 i4 Borg Warner 73 t Burroughs Adding Machint 17 H California Packing 37 si Canadian Pacilic 36 'j Caterpillar Tractor 56 ai Celanese Corporation 43 Chrysler Corporation 81 l Cities Service Wi' Consolidated Edison 35 'j Consolidated Vullee 17 "i Crown Zellerbach 58 Curtiss Wright 8 , Douglas Aircraft 63 J4 dupont de Nemours 8 V Eastman Kodak 46 Emerson Radio 11 5i General Electric 63 ' r-nernl Foods 47 i General Motors 61 Ueorgia Pac Plywood 17 si Goodyear Tire 43 , Homestake Mining Co. 37 International Harvester 33 i International Paper 50 i Johns Manville 76 Kennecott Copper 81 Libby, McNeill 8 Lockheed Aircraft 25 Ji Loew's Incorporated 13 tj Long Bell A 36 Montgomery Ward 65 V, Nash Kelvinator 21 New York Central 19 S Northern Pacific "15 Pacific American Fish 14 Pacific Gas & Electric 35 i Pacific Tel. 6 Tel. 112 '5 Packard Motor Car 5 ' Penney (J. C.) Co. 65 Pennsylvania R. R. 20 Pepsi Cola Co. 9 7 Phllco Radio 31 j Radio Corporation 25 s4 Rayonier Incorp 34 , Rayonler Incorp Pfd Republic Steel 41 V, Reynolds Metals 54 V2 Richfield Oil 68 H Safeway Stores Inc. 30 Yt Scott Paper Co. 54 Sears Roebuck & Co. 59 H Socony-Vacuum Oil 37 s Southern Pacific 84 i Standard Oil Calif. 58 ?a Standard OU N. J. 79 Studebaker Corp. , 38 !4 Sunshine wining Swift & Company 33 Transamerica Corp. 26 V. Twentieth Century Fox 16 V Union Oil Company 40 Union Pacific 116 14 United Airlines 28 li United Aircraft 34 H United Corporation 5 ts United States Plywood . 29 4s United States Steel 40 H Warner Pictures 12 Western Union Tel 42 Westinghouse Air Brake 26 y Westinghouse Electric 40 Ij Woolworth Company 43 GRAINS CHICAGO liP Aside from a run-up in nearby corn deliveries, grains did not move far from previous closing prices on the board of trade Thursday. September and December corn jumped around 2 to 3 cents In the run-up in nearby corn deliveries, grains did not move far from previous closing prices on the board of trade Thursday. September and December corn jumped around a to 3 cents in the lirst lew minutes of trading on rumors the Commodity Credit Cor Deration had cancelled shipping in structions on corn destined for this market. Later, It was learned there had been no change 111 basic policy. Corn eased. West Germany brought 740.000 bushels of hard wheal. Wheat closed hi lower to W high er, September $2.34 a-V corn l lower to 1 (1 higher, September si. 80 -!: oats unchanged to H lower, September 84 ,S: rve (a-'s lower, beptember r.l '3-J4: soy beans 1 cent lower to '4 higher. September S3.23-S3.33 l. and lard 3 to 15 cents a hundred pounds higher. September 811.37. Wheat Open High Low Close Sep 2.34 ' 2.34 2.34 2.34 Dec 2.40 ' 2.41 2.401 2 41 Mar 2.46 3.46 S 2 45 k 2 46 May 3.46 H 2 46 2.45 4 2.46 PORTLAND t Coarse grains 5-day shipments, bulk. Coast de livery: oats no. 2, 38-10 wnne 68.00. Barley, No. 3, 45-lb B. W 69 00. Wheat (bid) to arrive market, basas No. 1 bulk, delivered Coast: Solt While 2.37 y. Soft While (ex cluding Rex) 2.37 While Club. 2.37 '.j. Hard Red Winter: Ordinary 2.41: 10 per cent 2.41; 11 per cent 2.41: 12 per cent 2.41. Hard White Baart: Ordinary, 2.42; 10 per cent 2.42: 11 per cent 2.44; 13 per cent 2.46. Woailicr Western Oregon Cloudy night and morning through Friday, out sunny afternoons. Not quita so warm In southern Interior Thurs day. Highs both days 76 to 85 over interior and 60 on coast. Lows Thursday night 60 to 68. Off coast winds northwesterly and 13 to 23 miles an hour except southwesterly and 8 to 15 miles an hour ou mi med late coast. Eastern Oregon Fair except scattered afternoon thundershow ers through Friday. Not quite so warm. Highs both days 82 to 92. Lows Thursday night 66 to 65. Grants Pass and Vicinity - rair through Friday. Continued warm with high of t2 Thursday and 95 Fridiiy. Low Thursday night 68. Hv The Associated Press 24 hours to 4:30 a.m. Thursday Max. Mln. Prep. Bnker 90 65 T Eugene 76 65 La Grande 91 61 .01 Lakevicw 84 49 Mediord 91 55 North Bend 63 56 T Ontario 98 61 T Pendleton 95 67 Portland Airport 76 61 Roseburg 83 63 Salem 80 46 iv 1 z r .... mm fMm mi V11 ' u '' I mr in l I'! 'It . f , 1 AUGUST MEETING of the Klamafh Hiitorical Socltfy wi held at the Tom Calmat horn. In Keno. Richard Pucltett arranged a program of eld time memories. The group it shown above at the Calmes home. Boise' Chicago Denver Eureka Los Angeles New York Red Bluff San Francisco Seattle Spokane 94 84 92 61 70 89 94 63 73 91 61 67 61 63 60 69 67 54 57 61 .03 LIVESTOCK PORTLAND I (USDA Cattle salable 50; market strong on scattered lots available with cows now generally 60-1.00 higher man Monday: steers scarce: odd cutter and utility grades, 17.00- 23. uo; neuers scarce: tew canner and cutter cows 14.00-16 00: odd heavy commercial cows 19.00: bulls scarce. Calves salable 25: few utility and commercial calves and veal ers about steady at 15.00-24.00: good and choice salable around 26.00-28.00 or above. Hogs salable 150: market very slow: mostly weak-25c lower than Wednesday or around 1.25 lower than Tuesday: choice No. 1 and 2 butchers from 180 - 225 lb 24.00 24.25: choice 144-157 lb 22.50: odd choice 300-450 lb sows 20.00-21.00. bneep salable 450: market ac tive, fully steady; good - prime spring lambs 25.50-26.50: few choice and prime 84-85 lb 26.75; good feeders 21.0 -21.50; good and choice slaughter ewes 6.00-7.00. LIVESTOCK CHICAGO Hog prices re gained 25 to mostly 50 cents a hundred pounds Thursday as coun try suppliers reefed their sales to adjust to recent declines. Im provement in the walkout situation at various packing plants also tended to stimulate the buying side of the market. Cattle were steady to 35 cents higher and sheep steady. Most choice butcher weight hogs sold from $31.00 to $02.60. the prac tical top. although two loads stood out of line at $22.90 to $33.00. Sows were mainly $16.75 to $21.00, with a few meriting $31.60 in light weight. Clearance was good early on the 5.000 hogs on sale. This was not much above the 4.690 head sold in the quarantined market of a week ago and also was 2.000 below trade anticipations. This helped push the market higher, although buyers also had to absorb an unsold hold over of 1.000 head from Wednes day's lower price session. Good to prime steers sold from $28.50 to $35.00 but top prime grade was absent. Good to prime heifers brought $28.00 to $34.50 while cows topped at $22.00. bulls at $26.00, and veal ers at $33.00. Native spring lambs ranged from $30.50 to $31.60 while shoms and yearlings made $26.00 for choice grade. Ewes sold downward from $9.25. Estimated arrivals on public sale included 2.500 cattle, 300 calves, and 1,500 sheep. Adams New OTI Housing Boss Don Ada ins has bern named the new housmK int-naiier at Ore noil IVclmiCiU Insiitult?, .school odicinU announced today. Alia ins served here (or seven.! years as field scout executive of the Modoc Area Council, Boy Bcouts of America. He resinned his po sit um several weeks niio, and was appointed last week to his present Pelican Butte Road Opens The road inio Pelican Bulte is now open to travel. Disl. Ranger Bob Cooper announced today. Though it's Mid-August, lookout Francis Gaines had to shovel through foor-Ioot drifts to open the road up. The lookout Is one of the highest in this part of the country, perched atop 6000-loot Pelican Butle. It may be visited by taking the Lake of the Woods road, turning off Just beyond the Rocky Point Junction. TV VOTE EUGENE Lfi Its up to the people of this city to decide wheth er or not television stations will be permitted to use the top of Spencer Bulte part of a city park for transmission facilities. The council has placed the TV Issue on the Nov. 4 general elec tion ballot. Since the park belongs to the public, council members de cided to put the problem to a vote. New Railroad Service Mulled BAKER Ifl A railroad freluht service from here to John Day has been proposed by a group of Oianl County businessmen. ' In a session at Boise. Idaho, the delegation told Chicago b North western and Union Pacilic Rail road olflcials they expected suf ficient revenue to insure a reason able profit on such an Investment. The group said low Irelgbt rates for shipments of livestock, lumber, and mineral ore would create more mining activity in Grant County. The businessmen said the line could probably be built over the same grade used by the narrow gauge line from here to Prairie City many years ago. Rail officials said the proposal would receive further study. Parolee Held In Local Jail A num booked as Jerry Pulmrr Ellis, J7, Mild to be on parole from Washington Slate I'risun, Is held m the County Jul! today for hiiv inn no operator's license, l(t was arrested shortly after midnight at Chemult ui company with a lA-year-old Portland Kirl. State Police brouRht him to the Juil here and the irl to the Juvemlo home. This mornlntt she wna taken to the district attorney'! office for questioning Hhe wan reported to be a ward of the Mullnomnh Juven ile Court. Ml'NUirAI. roi'HT Knntltt !,..udnntlh. drank, fint. or ?l !) Rlt'hard HiilwU, drunk. I'ld tw ivril J Kniion. fll fltld HtM of . rt.it. tit. IMP I HU T roi RT Mawmwd Colllrw. ovtrliiad fatUtt VIA lull lUtmnnd Collini, n ll?C permit rirfll ftld hall Kilgtir Jimrii uilinro. no v Httnlllun, ovtrumq. pt't: Nlvwart Kinnrth WmIuM, iuN.il) k-.tif. 1 1 ilft hail t'oa 'Patrick rttuaiaM, no ntiaialor'a llcviu rina, M lUrvht Paul Haiirl. truck !! I n at I'hulaa IUhkI Jr , dtunk. rorfrlt MS Dal) t)wn KUItlla, iliuiik. rrflt J ' HnlMtl l-oiiifltiia niambara, im I'lH mi mil rtna, all) Mario Uomtiilr Pcitra. no atop I lata pin. 3. Malvm t'iova Hmiih. inailaqualt amar grni'V hraka ptit, t Howard William Uogua. no oparalor a tit-ant. jrtno, Iloltart riaraiM-o Millar. Iniuiflrlant blnrlina rliaiita rina, 9.1 H.m aid I'hartaa Prwla. pally lac cany ban Intra ummihIpiI. J a in a rdwairi Ta lur, (all Idanllty ni.ilnr vaihlrla Flit plnd lrh Mintar, fall tdanllfr nittitr wahlla Vina, Way i, a Arlhur Har1u(f. fall fdanllir nitilor vatiitla. rina. ao. Oltvrr rvani Itllay, no flra aaltiv guUltar. rina, IS. Wanted 4 Ullori for alierallon work. Temporary work. Apply In peraoii at Dirk Herder'. Rioters Face r Legal Noose CAIItO, Egypt I Moh llllllilril H.'uvulloin had warning UhIv in kn-p atlll or run the ruk of hum lug Hie ciiiuiliy'a nillllaiv cum. lliamler ailluxnard Inhl lllghl anv atlrnipl at illstiiilianie woulil im ciillnlileird IHUIl lleaniill, ail 0llrn plllll.tllnblo by llrnlll. The announcement from M) Clril. Miilinillliird Nagillb, Ainiv chief of stall mid arilillri.l nf ihn recent nillllnry iuiii U rlal, to. lowed a laUm rlul oiilxlde Alr. aiiilrlu yesterday III which five lo seven Hrs(iiis died. Itepiirlrdly tlin rloleia, who i tal ked a textile plant, ilninaiulril higher pay. A military luqiiiiv cuiirl whs malted t Alexandria to srek out nud ptittlnh the IiiMIuuUiin. I, mul auihiirltlra also aald Iimi lirrMiiui were tinilrr arrent or In vrslignlliiu for coiiipllclty In Ilia rmt. It was the flint public dlr.lnr baiice nllicr Nagillb and the Armv liLstallrd rreinier Aly Mahrr and forced ei-Kuiu Fmouk to abdicate three weeks ago. Nugulb In his communique ald the rlols were stalled by traitors and criminals who. by the idi ui violence, created a threat to Egyptian llle and pruerly. WANTED Cairl to learn Linotype See Cie Smith at Herald and Nrwi. NEW OFFICE HOURS We're Open Now From , 7:00 A.M. to 5:30 P.M. Mon. thru Fri. and from 7:00 A.M. to 1 :00 P.M. Saturday! MEN'S HAND LAUNDRY 11th & Klamath Phone 2-2531 INCDItrlllt A 1 1 I) ArllcaU of lliiorkirullon wrie filed tmlnV III Ualem for the Mix military UmUInt Churili of Klnm alh I"ll, by I.. I., l.yliralil, Drail Hnillli and Paul 111 own. Tnnnnnnnni c a c a cinnrinnrn n bb bh8 a i n a "c"irirrt o a o Mmnt TREAT YOUR CAR NOW! LUBRICATION SPECIAL... AUGUST ONLY Changt Motor Oil S2.00 (5 Quart Capacity Can Only) LUBRICATE CHASSIS ... $1.23 SERVICE AIR CLEANER 50 Repack Front Wheel Bearing! 2.00 3 - REGULAR PRICE AUGUST PACKAGE PRICE ONLY LIVESTOCK SOUTH BAN FRANCISCO Wl (USDA) Cattle: 50,- largely weekend cleanup of cattle, dull, few lote utility steers offered, she tock weak, few commercial heif ers 36.50, odd commercial cows 20.00. utility dull at 17.00-18 00. odd canner and cutter cows 14.00-16.00, few 1825 lb commercial bulls 27.50. , Calves 50, mostly utility to com mercial heavy range calves, early steady with week's 1.00 to 2.00 de cline, small lot good and choice 311 lb slaughter calves 29.00, commer cial 27.00 to killers, good 315 lb stock steer calves 26.50. Hogs 5;, butchers 25c higher, small lots 190-230 lbs No. 1 butch ers. 24.55; sows absent. Sheep 800, mostly shorn lambs, undertone steady, cull 47 lbs feed er shorn lambs 15.00, good and choice yearlings 21.00, cull and Utility, ewes 5.50-6.50. POTATOES CHICAGO W) Potatoes: Ar rivals 81, on track 147; total U.S. shipments 364; about steady for Whites, firm for Reds; California Long Whites $6.70, Bakers 7.00; Idaho-Oregon Long Whites $6.65, Russets $6.60-90; Washington Long Whites $6.60, Russets $6.75-80. Wanted 4 tailors for alteration work. Temporary work. Apply in person at Dick Reciter's. As a Businessman I like the BILTM0RE because... I LIKE CONVENIENCE I It' right downtown, i near all my clients .r end financial centers. n AND I LIKE SERVICE t day laundry service. Stenographic service. Men's club and plunge. REASONABLE PRICES . 1500 ROOMS WITH BATH FOUR DINING. ROOMS , FOUR COCKTAIL LOUNOES Homt f Hit ' WODIO FAMOUS Ann $575 W5 ASHLEY CHEVROLET Phone 4113 410 So. 6th I $ DOWN j Holds Any Co 1 ( 1 UnW October 10. 1 MMm $1775 8w7 W ' STARTS TOMORROW AT HARDY'S! MEN! GET READY FOR FALL AND WINTER! SAVE ON THIS PRE-SEASON EVENT! ' . ' . i ; ' Now, at never before, it will pay you to take advantage of our Annual Auqust Topcoot Sole! Come in and pick out your coat now, from an sutstonding selection of styles, fabrics, and colors, including tweeds, 100 wool gabardines, coverts and rayons. Only $5.00 down will hold your coat until October 10th, 'NT- y J 14 .V ' e .1. TI. I 2y $390 A. i i ' , 11 i MA STORE FOR MEN 820 Main Phone (778 T ; P, !, t ' 'if M IV" uf j i i S 'M 'A ? 1 ihr - '- . f (i i - f